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RE: How to Use Blocktrades - the Fastest and Easiest Way to Buy and Sell STEEM/SD (and My Review of the Experience)
Yes it is similar. Are you changing to Bitcoins or just as Steem Dollars. For Steem Dollars you do exactly the same except you need to enter your Steem address on the website and you don't need a memo.
For bitcoin it is slightly different as you will need to enter your bitcoin address which is an alphanumeric string.